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AAPL Should Hit $542 ahead of Earnings

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I still hold firm that Apple (AAPL) is going to test $542. It already cleared a huge hurtle in $510 and that was a big deal with a ton of resistance. Whether it can hit $585 or not will all depend on how the earnings report goes.

Personally, I think Steve Jobs would flip out if he knew they were cheapening his brand with gold, purple, and pink (or whatever the colors are).